Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Blackbird Adds 8 Sections of Contiguous Acreage

Blackbird Energy Inc. Paramount Resources Ltd.
AnnouncedFeb 2, 2017
TypeAcreage
LocationMontney Shale
Announced Date
February 02,2017
Effective Date
February 01,2017
Close Date
February 15,2017
Transaction Type
Acreage




Snapshot
Asset/Basin:
{Montney}
TargetZones:
{Montney}
Net Acres
Location
Region
Canada

Country
Canada

Play



Calculated Metrics( EV/Category)

Transaction Details:  Subscribe to see

Blackbird Energy Inc. has announced that it has entered into a purchase and sale agreement with Paramount Resources Ltd. for the acquisition of 8 gross sections of Montney rights (2.8 net) for total consideration of 5 million Blackbird common shares,

The Company has acquired 3 gross sections of Montney rights (3 net) through a recent crown land sale.

These lands are contiguous with Blackbird's existing lands and increase Blackbird's Montney rights at Elmworth / Pipestone to 102 gross sections (96.8 net).

Overview of the Acquisition Lands

In total, the Acquisition Lands are comprised of 11…



Other Canada Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Nov-06-2024 - - Click here Alberta  E&P
Aug-22-2022 - - Click here British Columbia  E&P
Aug-01-2022 - - Click here Alberta  E&P
Jun-29-2022 - - Click here Alberta  E&P
Dec-15-2021 - - Click here   E&P

Price History



Date Deal Headline Price$/acre
Nov-04-2025 Ovintiv Acquires NuVista Energy for $2.7B, Establishing Premier Montney Position - -
Nov-06-2024 Ovintiv to Acquire Montney Assets from Paramount for $2.377 Billion in All-Cash Deal - -
Jun-29-2022 Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal - -